Swiss food group Huegli Holding is to buy Italian firm ALI-BIG Industria Alimentare for an undisclosed sum.
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Huegli, which produces a range of food, from organic to private-label, is looking to boost its presence in Italy’s foodservice sector, CFO Andreas Seibold told just-food.
“We will also enter into new technologies, liquid technologies like sauces and soups, which we didn’t have until now – dry blends was our competence,” Seibold said this morning (27 June).
Some 40% of Huegli’s business is in the foodservice sector in Europe, with the bulk made up of natural and organic foods, the production of industrial foods for industry players and private-label lines for discount retailers.
Huegli already has a small presence in Italy but the acquisition of ALI-BIG would increase its market share, Seibold said.
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By GlobalDataALI-BIG has one production plant with around 50 employees. Seibold said Huegli had no plans to make any significant personnel changes.
